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President Trump Signs Historic “One Big, Beautiful Bill” Delivering Major Tax Cuts and Medicaid Reforms

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the staff of the Ridgewood blog

WASHINGTON, D.C. – July 5, 2025 — In a significant legislative win just in time for Independence Day, President Donald J. Trump signed into law the much-anticipated “One Big, Beautiful Bill”, a sweeping reconciliation package that delivers the largest middle-class tax cuts in U.S. history, introduces Medicaid reforms, bolsters border security, and fuels an ambitious economic growth agenda.

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U.S. Economy Surges in Q2 Despite Early-Year Tariff Turmoil

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the staff of the Ridgewood blog

Washington DC, After a rocky start to 2025 driven by the effects of the Trump-era tariff tensions, the American economy is showing strong signs of resilience. According to the Atlanta Federal Reserve, the estimated GDP growth for the first two months of the second quarter now sits at a robust 4.6%.

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